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As July Ndiovu prepares to step down as CEO of Thungela Resources, he reflects on transforming a near-abandoned business into a multibillion-rand powerhouse and leading an unlikely energy crusade, writes Lisa Steyn...

Though the company's shares have dropped 32% so far this year, its mines are making money, in contrast with the 30% or so of South African coal producers that are not.

by David McKay.....

By Giulietta Talevi - June 9, 2025

The Thungela CEO retires with coal prices at a quarter of their 2022 high. But he remains a long-term bull.....

By David McKay - June 10, 2025

THUNGELA Resources would consider adding metallurgical coal assets to its portfolio as there was a “natural adjacency” to its thermal coal production, said CEO July Ndlovu.....

By Dineo Faku - The Sunday Times – Business - 08 June 2025 - 00:00

Retiring Thungela CEO July Ndlovu says South Africa should have a sovereign right to include coal as part of its energy mix in line with how developed nations had built their economies....

Thungela’s unbundling experience offers some encouraging lessons for Valterra

Written by Hilary Joffe: Opinion/Columnist - 6 June 2025 - 05:00

Image caption: Thungela CEO July Ndlovu. Picture: Geoff Brown...

From the very beginning, Thungela has been more than just a coal producer, they have earned a reputation as a force for progress, a bridge between coal and the communities...

Cape Town, 4 February 2025 - Leading corporate and commercial law firm Cliffe Dekker Hofmeyr (CDH) together with the Junior Mining Council (JMC) was deeply honoured to host Thungela at a bespoke brunch event at the Hyatt Regency in Cape Town during the Mining Indaba 2025.

A balance between progress and pragmatism

By July Ndlovu, Thungela chief executive officer

South Africa, like other emerging economies...